I'm not sure if this has been covered off in the Apple IOS forum or not.
I recently purchased an iphone 4 and debated purchasing outright or going with VF on account.
This is how I looked at it:
Purchase iphone 4 outright, $1099.
Purchase iphone 4 via VF iphone $40 plan, $619 plus contract ($40 X 24) total spend $1579 over two years.
OK so on the face of it you would wonder why you would tie yourself in to a two year contract but when you look a bit closer you realise it isn't that bad a deal after all.
The total spend of $1579 is $480 more than buying outright but what are you getting for that extra money?
Well it works out at an extra $20 per month over 24 months but for that $20 you are getting 30 anytime minutes, 300 txts and 250mb (currently 3gb) every month.
Service/coverage issues aside (which haven't been an issue for me) for those that have purchased outright what can you get for $20 a month elsewhere??